LafargeHolcim purchases in Greece

Zug , May 2021

The Heracles Group, which belongs to LafargeHolcim, has taken over two ready-mixed concrete plants in Athens. You were previously part of Heidelberg Cement. With this, LafargeHolcim wants to strengthen its position in central Greece also in sustainable building solutions.

LafargeHolcim has strengthened its Heracles group in Greece. The Zug-based building materials manufacturer bought Halyps Domia Ylika, namely its large aggregates business and two ready-mixed concrete plants, from its competitor Heidelberg Cement. As stated in a media release from LafargeHolcim, this acquisition will strengthen the position of the Heracles Group in the flourishing metropolitan area of Athens with its important infrastructure projects.

"I am excited about the opportunities and growth prospects of this acquisition in the Attica region in central Greece," said Miljan Gutovic, Region Head EMEA, in the press release. "With our leading range of sustainable building solutions such as the green concrete ECOPact, it will also support us in our pursuit of net zero."

The acquisition will offer Heracles customers an expanded product portfolio of aggregates and concrete solutions that are suitable for all construction projects. This April, for example, the Heracles Group launched its ECOPact range of green concrete with a reduced CO2 footprint.

More articles